Improved documentation: leveraging staff training, benchmarking, technology, and process change for accurate payment

Healthcare Financial Management, April, 2008

Profiling data is used by payers, employers, and patients to evaluate providers. If a hospital and/or physician have higher costs, longer length of stay, and poor outcomes, then payers and employers may not recommend sending their enrollees to them. Likewise, patients "shopping" for healthcare services may evaluate providers based on profiling information. Hospitals that are visionary and understand the dynamics between accurate documentation and the financial and profiling outcomes will be well positioned to survive in the changing healthcare environment.

Source: 3M Health Information Systems

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Health Information Systems

3M Health Information Systems delivers technology and consulting solutions that can help healthcare organizations improve patient care, facilitate compliance, and achieve appropriate reimbursement. Built on nearly 25 years of healthcare funding and performance management expertise, 3M Health Information Systems provides tools to capture, store, and analyze patient information and enable an electronic patient record.

3M Health Information Systems is part of 3M Health Care, one of 3M Company's six major businesses, providing world-class innovative products and services to help healthcare professionals improve the practice, delivery and outcomes of patient care in medical, oral care, drug delivery, and health information markets.